Air Freight rises in June: IATA

IATA data for global air freight mar­kets shows 2.3 per cent growth in de­mand (mea­sured in freight tonne kilo­me­tres) over June 2013, which is slower than the 4.9 per cent growth re­ported for May.

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Tony Tyler, IATA’s Di­rec­tor Gen­eral and CEO said, “At the half-way point of the year, it is clear that over­all cargo de­mand is much stronger than in 2013. Car­ri­ers in Asia-Pa­cific and the Mid­dle East have been the big­gest ben­e­fi­cia­ries of the im­proved mar­ket con­di­tions.

Europe is do­ing rea­son­ably well, al­beit still in re­cov­ery mode. The weak spot is the Amer­i­cas”. How­ever, over­all growth for the first six months of 2014 stands at 4.1 per cent com­pared to the same pe­riod in 2013.

“The gen­eral im­prove­ment in the eco­nomic en­vi­ron­ment is al­ways good news for air cargo. First there are a lot of risks out there—from con­flicts and sanc­tions to po­ten­tial na­tional de­faults and fear of the Ebola out­break,” Tyler com­mented.

“Sec­ond, while air cargo is slowly emerg­ing from two years in the dol­drums time has not stood still. Lo­gis­tics has be­come an even more in­tensely com­pet­i­tive sec­tor,” he said.

“Ship­pers value faster end-to-end tran­sit times, greater re­li­a­bil­ity and im­proved ef­fi­ciency. More clearly than ever, the build­ing blocks for the fu­ture of air cargo are found in global pro­grams such as e-freight and Cargo 2000,” added Tyler.

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